HomeMy WebLinkAbout40-70 RESOLUTION__-
RESOLUTION NO. 40-70
WHEREAS, heretofore, under date of September 20, 1966, the Federal Reserve
Bank of Dallas issued to the City of Fayetteville, Arkansas, Depositor, and
Republic National Bank of Da11as,'Texas; Depository, -`its Joint Safekeeping Receipt
or receipts covering certain securities; and
WHEREAS, both the Depositor and Depository now desire the Federal Reserve
Bank of Dallas to permit a substitution of certain securities, or a withdrawal
of securities, which it now holds as hereinafter more fully set forth; and
WHEREAS, the securities, if any, hereinafter mentioned, which the above
named parties desire to substitute in lieu of those heretofore placed in safe-
keeping with the Federal Reserve Bank of Dallas, meet with the requirements
of law and have been and are hereby approved; and
WHEREAS, the securities, if any, hereinafter mentioned, which the above
named parties wish to withdraw, are entitled under the law to be withdrawn;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY
OF FAYETTEVILLE, ARKANSAS:
THAT the Federal Reserve Bank of Dallas be and it is hereby requested
and authorized to surrender the following securities heretofore placed with
it for safekeeping by the above named parties, to -wit:
RECEIPT NO.
40098
40099
c~40100
40101
40102
40103,
40104
40105
40106
•
1
DESCRIPTION PAR VALUE
Due:
Due:
-Due:
Due:
Due:
▪ Due:
Due:
Due:
Due:
6-1-87
'6-1-88
6-1-89
6-1-90
6-1-91
6-1-92
6-1-93
' 6-1-94
6-1-95
25,000
25,000
25,000
25,000
325,000
345,000
355,000
365,000
,_,385,000
81.;875000
(Here describe securities to be substituted for or withdrawn. If above
space is not sufficient, continue description on reverse side hereof)
and to receive in lieu thereof the following securities, which are hereby in
all respects approved:
DESCRIPTION COUPONS PAR VALUE
NONE.
BE IT FURTHER RESOLVED: THAT the Federal Reserve Bank of Dallas be and it
is hereby authorized to deliver the securities described herein to be substituted
for or withdrawn to Republic National Bank of Dallas, Texas or its order.
PASSED AND APPROVED ON this 20th day of July, 1970.
ATTEST:
CLERKRK
ARI YN P90 C T
APPROVED
GARLAND MELTON, JR , `:'OR
REQEST FOR SUBSTITUTION AND/OR WITHDRAWAL OF SECURITIES HELD BY FEDERAL RESERVE BANK
OF DALLAS UNDER JOINT SAFEKEEPING RECEIPT
The undersigned Depositor and Depositary jointly request the Federal Reserve Bank of Dallas to substitute or permit n withdrawal of the securities
which it holds under Joint Safekeeping Receipt issued by it to the undersigned, .in' accordance with the terms of the resolution hereafter quoted. and to
deliver the securities substituted for or withdrawn to the Tarty named in such resolution.
City of Fayetteville, Arkansas
I/AS Gj/ 5 t
Depositor.
Republic National Bank of Dallas, Texas
By `t! 1,n1. / 1 1, ..44.,12,- J
/
RESOLUTION" ce President Depository.
"Whereas, heretofore, under date of September 20 I, 66 the Federal Reserve Bank of Dallas issued to
The City of Fayetteville, Arkansas
Republic National Bank of Dallas, Texas
its Joint Safekeeping Receipt or receipts covering certain securities; and
"Whereas, both the Depositor and Depository now desire the Federal Reserve Bank of Dallas to permit a substitution of certain securities, or a with-
drawal of securities, which it now holds, as hereinafter more fully set forth: and
"Whereas the securities, if any, hereinafter mentioned, which the above named parties desire to substitute in lieu of those heretofore placed in safe-
keeping with the Federal Reserve Bank of Dallas, meet with the requirements of law and have been and are hereby approved; and
"Whereas, the securities, if any, hereinafter mentioned, which the above named parties wish to withdraw. are entitled under the law to be withdrawn;
'Now, therefore, be It resolved: That the Federal Reserve Bank of Dallas be and it is hereby requested and authorized to surrender the following
securities heretofore placed with it for safekeeping by the above named parties, to -wit:
Depositor and
Depository.
RECEIPT NO.
DESCRIPTION
40098 Due: 6-1-87
40099 Due: 6-1-88
40100' Due: 6-1-89
40101 Due: 6-1-90
40102 Due: 6-1-91
40103 Due: 6-1-92
40104 Due: 6-1-93
40105
40106
Due: 6-1-94
Due: 6-1-95 385,000
(Hero describe securities to be substituted for or withdrawn. If above space is not sufficient, continue description on reverse side hereof.) $1875000
PAR VALUE
25,000
25,000
25,000
25,000
325,000.
'345,000
355,000
365,000
and to receive in lieu thereof the following securities, which are hereby in all respects approved:
DESCRIPTION
NONE,
COUPONS PAR VALUE
(Here describe securities to be taken in substitution or in the event this is a withdrawal without substitution write in the word "None." If above space
is not sufficient, continue description on reverse side hereof.) -
"Be it further resolved: That the Federal Reserve Bank of Dallas be and it is hereby authorized to deliver the securities described herein to be substi-
tuted for or withdrawn to Republic National Bagk o£ Dallas. Texas or its order."
This is to certify that the above and foregoing resolution was duly passed by THE BOARD OF DI RECTORS OF THE CITY OF
FAYETTEVILLE, ARKANSAS, (Here insert name of Governing Body)
of a meeting properly held on th ZOthday of July la 70 a quorum being pros nt, all of which fully
appenm In the minutes of said meeting.
SEC -ID Rev. 1G -GG
Secoetary or Clerk.